Whether looking at an art heist, government shutdown negotiations or a soccer shootout, game theory can explain people’s behavior.…
Two Ways to Keep a New Year’s Resolution
Called temptation bundling and piggybacking, ideas from behavioral economics provide some easy to follow methods for keeping our New Year’s resolutions.…
The New Meaning of Fast Delivery
From the nineteenth century to the twenty-first, our expectations for fast letter and package delivery have changed considerably.…
Throwback Thursday: What a Disney Princess Used To Be
#TBT: Today’s Throwback Thursday looks back at Disney Princesses, from Snow White to Vanellope, to see how they are changing.…
Thanksgiving Top Ten List for 2018
Looking at our holiday meal through a turkey top ten list, you can see how Thanksgiving economics is about so much more than money.…
Do We Care About Calorie Labels?
With the arrival of mandatory calorie labels at large establishments and soon at smaller ones, we can ask if their impact is predictable.…
Where Are Women and Men Most Different?
How much patience you display could affect your economic decisions. So too could your preference for risk and your altruism. Add to that positive and negative reciprocity and trust and you get a new m…
How Uber Should Apologize for a Delay
Because a firm like Uber loses revenue from unhappy riders who had delayed arrivals, we could say we are looking at apology economics.…
Economics and the Honor System
When we pay through an honor system, retailers depend on our economic honesty while researchers are trying to understand it.…
When Money Is Not the Best Incentive
Because a fine is supposed to be a deterrent, six Israeli day-care centers were surprised when their late pickup fee had unintended consequences.…